October 31, 2012

Disney Buys Lucasfilm which includes rights to Star Wars and Indiana Jones!

Walt Disney CEO Bob Iger announced today The Walt Disney Company is acquiring Lucasfilm, the company founded by George Lucas and home to the mega “Star Wars" franchise! Included in the $4.05 billion purchase are the rights to its franchises, stories, and businesses including Industrial Light and Magic and Skywalker Sound.

it has also been announced that a seventh “Star Wars” film is in development for release in 2015: STAR WARS: EPISODE 7, In a conference call, Bob Iger revealed Star Wars Episode 8 and Episode 9 will follow, expecting a new film “every 2-3 years.” Iger also noted Episode 7 is in “early stage development right now.

In addition, Star Wars shows are being developed for TV, with Iger noting the Disney XD would be a good place for them.